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of the hour. ftse 100 adding about 0.8% for its part. we'll see if this positive move carries over to u.s. markets when they open in just a few hours time. as for the bond rates, it's been surprisingly quiet were as well. same happening with spain to 5.15%. so some movement out of gilt. that yield up to 2.12. it's moving out of bunds, as well, although we're still below 176%. no major change from trade levels that we've seen for the last couple of weeks. finally, forex, let's take a look at the euro. this has been important setting the tone for the trading session here and again in the u.s. the last couple of days today. it's adding 0.3%. 1.3233. we saw it jump up nearly 0.4% after that ifo data. the dollar/yen, the yen is weakening again today within adding about 0.4%. so we'll see what impact that has had on trade across asia. let's get straight to li sixuan for more. hi, sixuan. >> thank you, kelly. asian markets wrapped up the wobbly week on a mixed noed note. the shanghai composite lost 0.5% today and slumped nearly 5% on the first trading week on the year of snake. investors cautiou
and endanger u.s. security. as the government accountability office revealed scathing report from fiscal year 2007 through 20121, the justice department wasted $11 $11.4 million flying department executives around the country on non-mission using the gulf stream jets. they had other dire warnings from the cabinet. >> i don't think we can maintain the same level of security. >> whether it's press related i don't know but there are teachers getng pink slips now. >> the claims are under scrutiny with the last one yesterday from education secretary arnie duncan getting four pinocchios from the "washington post." because the teachers in west virginia did not lose their jobs from sequester. >> some of the things are not true. >> white house aides seem more concerned about the accuracy of journalist bob woodward, but his claim the president rewriting history to replace sequester by tax revenue and spending cut through sharp rebuke from white house aide sperling who declared journalists would regret reporting that. though officials today insisted that was not a threat. noting sperling is trying to ma
the u.s. supreme court hears arguments in the case ppl energy verses the internal revenue service. examing whether u.s. corporations can deduct foreign taxes. the justices convene at 10:00 a.m.. tuesday february 26th the house homeland security committee will hear testimony on security at u.s. borders and how to improve it. that is at 10:00 a.m. in room 311 of the cannon building. wednesday february 27th at the u.s. capitol the late civil hts become the first african american woman ever honored with a statue in statue area hall. the unvailing begins at 11:00 a.m.. thursday february 28th the house committee on education and welfare holds hearings on school standards and whether schools are doing enough to measure teacher performance. that is at 9:00 a.m. in the ray burn building. and on friday march 1st at nasa headquarters. nasa advisory committee will hold hearings on the spread of unmanned aircraft systems by civilians in the united states. that is at 8:30 a.m.. that is your capitol run down for the week of february 25th. you can find more on myfoxdc.com and on twitter. i'm tom
:10. >> the boards of american airlines' parent amr corp. and u.s. airways have pushed back meetings on plans to consider a final merger. >> reports say that the amr board wants to me in person and that the u.s. airways board would only lead after the amr board approves the deal. >> it is not clear when the two boards will finally meet. a in car and u.s. airways could decide earlier this week whether to merge their two companies. >> over the weekend boeing said its 787 dream liner on a test flight, the first since the new airline was grounded three weeks ago. >> the company said the aircraft flew in and out of boeing field in seattle. and it's been two and half hours in the air. the faa granted permission for the test flights last thursday. >> in speculation that apple's next big thing will be a smart watched is heating up. >> the new york times reported that apple is experimenting with a device maker of glass that would run on the company's i o s mobile operating system. >> smart watches are hot items at the big international c s trade show in las vegas last month, including the pebble smart
, technically i wear one. the u.s. postal service®, no business too small. martha: you are the seth mcfa martha: "happening now" starts right now. jon: brand-new stories and breaking news. jenna: four days ago in washington's fight to avoid steep budget cuts u. may feel it in a big way on your next trip to the airport. more on the olympic icon charged with premeditated murder. we have the latest on the "blade runner" charged with killing his girlfriend. a second serving of severe winter weather. it's all happening now. countdown to the sequester showdown. hi, everybody, i'm jenna lee. and i just floated this idea to our audience. you know the jaws music from the academy awards? every time we say sequester this week i'm wondering if it should come up. jon: a little audio cue. jenna: both because it's a little ridiculous and also because everyone is making it so dramatic. jon: i'm i'm jon scott. four days until the cuts kick in. democrats holding a news conference now with the air travel association on how sequestration will affect air travelers, but they are not the only ones. the white house sa
say they do not have the capability to make a bomb. >> well, zoraida, it will be days before the u.s. has a very good handle on the size of the explosion, the size of the payload, but at first glance what u.s. officials are very concerned about are north korea's claims that it testified a miniaturized nuclear weapon. why is that so concerning? that means they're closer to making a missile that they could launch toward the united states. these types of dplier tesnuclea moves them closer to mastering the idea. it was expected, officials tell me, that north korea warned the u.s. and china yesterday that a test was eminent. after the test president obama issued a statement. what he said was north korea's nuclear weapons and ballistic missile programs constitute a threat to u.s. national security and to international peace and security. we will strengthen close coordination with allies and partners and work with our six-party partners,united nations security council and other u.n. member states to pursue this. they will be meeting this morning in an emergency session. my source is telling
the united states is not necessarily going to represent u.s. political interests. >> reporter: o'malley is one of two american names being floated. the other, timmy dolan who scoffed at the idea. >> what about you? >> is this abc evening news or comedy central? >> reporter: and o'malley isn't holding his breath either. >> i haven't lost any sleep about it. and i have bought a round trip ticket. so i'm counting on coming home. >> reporter: in boston, it would be the religious equivalent of the red sox beating the yankees. >> we always liked boston over new york. >> it will be interesting to see how it plays out. >> reporter: both americans are long shots. popes tend to be from europe, especially italy. the last time a non-european pope was chose was 1,000 years before columbus set sail. >> i'm saying there's a chance. >> odds are not on our side. that's what i get from our report. they could go for somebody from the latin american population. they're trying to boost the catholic numbers there. a lot of ways they can go with this. no one really knows. it's just fun speculation at t
seek to narrow it like when we persuade ad court to drastically limit a u.s. government request for two months of user search queries. now, keep in mind, google owns an awful lot of properties. not only is there google but gmail, youtube, picasso, online photo sharing site. feed burner, a management tool for bloggers or orkit. a networking site popular in india and brazil and android smartphone operating system. this new legal issue how much access the government should have to internet communications is subject of a conference featuring legal scholars, civil libertarians and google representatives is starting at 1230 in washington. we'll keep an eye on that. if you don't want the government to poke around your online history. delete your history. it doesn't entirely stop the access of it but limits the duration they can examine it. jon, back to you. jon: brave new world we're getting into. doug mckelway, thank you. jenna: don't why when you buy. that is the national campaign when purchasing firearms. statistics show buyers are not always completely honest. many are suspected of giving
. germany, close to 2% off and france over 2% and the ftse down materially. u.s. stocks to drop yesterday's session on that uncertainty in europe. stocks steadily declined throughout the day. and accelerated losses during the final hour. the dow and the s&p tuning in their worst days of the year. major asian markets also trading lower. exporters exposure to europe, they were hit particularly hard, as you'd expect. and u.s. equity futures at this hour, we have green arrows and things might turn themselves around today. fed chairman ben bernanke is going to be heading to capitol hill this morning for day one of his hemp free hawkins testimony. he's expected to defend the central bank's bond buying and likely one that automatic spending cuts pose risk. cnbc is going to have complete coverage all day. and our guest host this hour is ready to tackle all of these issues. >> this yesterday was -- thanks. we saw yesterday and you know he's not becky. you did say here with becky. he was sitting right there. he looks nothing like her. >> every morning when you say the same thing -- >> i know. andre
along with joe kernen and andrew ross sorkin. keeping an eye on the u.s. equity foourchs, well, after a couple of days of declines, dow futures are up significantly this morning. that's a gain of 50 points above fair value. the s&p 500 is opening up by about 6 points and this comes after two days of declines and a lot of questions about whether this rally has tapped out, at least for the moment. among the key market drivers this week, the fed and the conversation continues today. boston fed president eric rosengren and fed governor jerome powell will be speaking at a forum in new york. you don't have to wait until then to get inside scoop on the central bank. james bullard will be our special ges guest, with us starting at 7:00 a.m. eastern time, and this is huge given all the news from the fed this week and all the questions the market has been asking. the two-days of declines we've seen in the markets has pretty much all been blamed on the markets that we got a couple of days ago. we will talk to jim about everything that was happening inside the room and try to get his take to wher
of store freezers in 24 nations, but not the u.s. ikea says the meatballs in the states are safe. the company issued the recall after authorities in the czech republic found horse dna in packs of frozen meatballs that were labeled beef and pork. anne marie? >> thank you very much, ashley morrison here in new york. >>> straight ahead, your tuesday morning weather. >>> and in sports, the new england patriots get themselves a deal signing tom brady to a contract extension that pays him half of what some of the top quarterbacks make. s him half of what some of the top quarterbacks make. ( birds chirping ) everything's better with a great cup of coffee. exceptionally smooth with a harmonious blend of flavor and aroma. green mountain coffee for your keurig brewer. brew a better day. [ male announcer ] how do you make america's favorite recipes? just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. >>> here's a look a
's the higher end of walmart's previously issued guidance range. the world's largest retailer forecast, the u.s. key same-store sales to grow between 1% and 3%. last year's fourth quarter grew 1.5 year over year. but beyond financials, investors will look into possible investigations. there hasn't been a clear timeline as to when the investigation results will be released from the allegations that walmart issued millions of dollars in bribes to officials in mexico. if you remember, it was last quarter that walmart stated an s.e.c. filings that they have expanded those investigations beyond just mexico and to brazil, china and india. >> you know, this is going to be a fascinating story today. we heard about these leaked memos. walmart knocking it down saying things were taken out of context. i saw something overnight from the nrf, national retail federation where they said something like six out of ten americans say their savings and their budgeting has been somewhat or greatly impacted by the changes in the taxes that kicked in at the beginning of the year. >> and i think it's interesting becau
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deaths in the u.s. and canada. speaking of weather, let's go now to bill karins, nbc meteorologist. so much to watch over the last four days. >> it looks like another possible storm in the east coast this upcoming weekend. everything else around the country looking okay. we got a little snowstorm this morning in north texas kicking out of new mexico. we're also going to watch some of that heavier rain in areas of oklahoma this morning. otherwise, many areas of the intermountain west and west coast are looking just fine. let me give you a little tour. high pressure kind of cool temperatures over nevada and utah and also down to northern arizona. but we're just fine this morning with clear skies in san francisco and l.a. vegas, clear skies, 36. cold air mass. 46 in portland. 45 in seattle. today's forecast looks just fine. a few showers in the northwest. just like yesterday, if you get hit you consider yourself very unlucky. the west coast usually more quiet. alaska is active with light snow there. we'll see 1 or 2 inchs . cooler air moved in. tucs tucson, only at 55 today. even hawaii i
by march 1st, the series of cuts will be made to the u.s. military's defense capability. here's more -- capability. here's more. >> reporter: during the fall debate, president obama said the sequester, quote, won't happen. now his white house is saying domestic programs will be cut 9% and military programs cut 13% this year, unless congress takes action. >> putting our fiscal house in order calls for a balanced approach, not massive indiscriminant cuts that can have a severe impact on our military preparedness. >> reporter: republicans think they gave a lot of ground during fiscal cliff negotiations. a spokesman per speaker boehner said the president got his higher taxes last month with no corresponding cuts. the tax issue has been resolved and spending is the problem. meanwhile, military leaders are sounding the alarm. >> instead of being a first- rate power in the world, we turn into a second-rate power and that would be the result of sequester. >> reporter: the white house said friday the sequester would result in cuts to food inspection, customer service and irs and social securi
adopting children as retaliation for u.s. sanctions and political issues. last month judges ruled the adoptions could continue. despite fears of more delays, the families can return home can their new children. at the live desk, i'm keith russell. glue and the grammy goes to. babel. >> mumford and sons takes home the album of the year. for somebody that i used to know, and pop rock's fun got best new artist and song of the year. they kept coming up and up on stage a lot. >>> they sure did. the ratings are in. last night's broadcast got the second highest ratings in a decade. >> joining us with a look at some of the highlights billy, rihanna, she performed twice last night. a lot of folks are talking about her cozying up with chris brunell last night. >> yeah, well, it was four years ago to the day, well, the night before the grammys in 2009, where rihanna didn't make it to the show because she was beaten pretty severely. it's uncomfortable for something watching them could noodling away. the interview on the carpet, and it was not even brought up. there they were, back in love. th
could be why the women develop high blood pressure. >>> and the teenage birth rate hit a u.s. low. 15 to 19-year-olds who were having babies dropped between 8% between 2010 and 2011 and among contributing factors, the doctors site about ther choices, family planning and councilling. the onliage group to see an income is 35 to 49 and 44, excuse me, 40 to 44-year-olds. >>> and just ahead on the 5, you try to obey the law and still get a ticket. what gives? where red light cameras are racking up tickets with people who say they didn't break the law. he's known only as the shooter. the navy seal who shot and killed osama bin laden is speaking out of the. >>> an army veteran recognized by the president for his courageous leadership. those stories and much more as the 5 continues on your monday. ♪ ♪ ♪ [ woman ] looks like another glorious week in florida. ♪ that...was...awesome. ♪ [ female announcer ] how do you make your family vacation this epic? go to visitflorida.com. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pr
. there you see the little slide, not so little, at the italian market. it sort of trickled over into the u.s. markets. as we countdown to march 1st deadline day for massive spending cuts out of washington. the dow was less than a hundred point from an all-time high but these two issues have now set the bulls back in the u.s. in the past two hours. the industrials now down about 12 point. josh h john harwood is in washington for us. we start with michelle caruso-cabrera in rome. >> tyler, the italian election is not turning out as market participants had hoped. they expected at this point we would have conclusive results out of the i tal yn election. we do not have conclusive results at this point and it is possible that italians may have to vote again for a new prime minister if we don't get an answer in this round. here's what the markets thought would happen. they thought a guy named louigi berosoni, who most americans haven't heard of, would win. and that silvio burr burr le /*y scony would come in 1ekd. he may not have any seats in the government. the mario monti part is crucial because
conference in paris. >> is the u.s. willing to directly aid the fighters on the ground and is that enough to change assad's administration? >> he needs to know that he can't shoot his bayway out of this and so we need to convince him of that, and i think the opposition needs more help in order to be able to do that and we are working together to have a united position with respect to that. >> the secretary hinted the u.s. might start to distribute aid in rebel held parts of syria. secretary kerry expected to talk more about the syria question at an international conference tomorrow in rome. charlie and norah? >> clarissa ward thank you. >>> the supreme court today is hearing arguments over the landmark 1965 law, at issue, whether voting rights are secure enough now to allow the rollback of protections from the civil rights era. john crawford is at the supreme court. jan, this has far-reaching consequences. tell us about what's at issue here? >> reporter: the voting rights act is one of the most arguments now just under way in the supreme court in this really significant
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
. howard, will you dot honors? [applause] >> u.s. senator, vice president of the united states, nobel peace prize recipient, as cor winner, best selling author, any one of these superlatives alone would be enough to suggest that our next speaker is a force with which to be reckoned, but when combined into one individual, it is evident that al gore is a force of nature. he is always been on the leading edge of promoting the internet as a tool for greater communication, of climate change as one of the greatest perils of our time, and in his latest book, "the future," of the key medical technological, and philosophical drivers checking our world. ever the big picture thinker, al gore explores how we may harness these epic change agents for the good. although his public professionalized had it not been without controversy, his record of accomplishments speak to the life lived on the precipice of passion, purpose, and possibility. on behalf of the savannah book festival, it is by great honor to introduce to all of you al gore. [applause] [cheers and applause] >> thank you very much, thank you. t
. that's how prevalent this is. by the way, apparently most prevalent crime in the u.s. averaging 550,000 incidents per day, $13 billion worth of goods lost. that's $35 million a day. >> we are a nation of thieves. >> 1 in 11 people are shoplifters. >> that is so dirty. i can't believe people would do something like that. >> that is not the kind of thing i've ever even heard of. >> that's disgusting. >> we'll be back. >> if diane sawyer asks, you didn't see me. ♪ >>> thunder road. >> there we go. >>> consumer reports has ranked the top ten cars and it is not too good news for detroit. >> abc's marci gonzalez shares the results. good morning, marci. >> reporter: good morning. the consumer reports list just came out yesterday, and there were some surprises. honda is back. topping consumer reports top car picks for 2013 after being left off the list last year. >> it got some of the mojo back. >> reporter: honda roared back with three winners, the accord, odyssey and crv. but missing from this year's list are any american manufacturers. >> one thing that hurt the americans for our list
becoming the target of a u.s. drone attack. i'm wolf blitzer. you're in "the situation room." . >>> we begin with yet another sensational turn of events in the oscar pistorius murder case. after a week of shocking and sometimes heartbreaking testimony, pistorius is now out of jail. the one-time olympic athlete who is known worldwide as the blade runner still faces charges of murdering his girlfriend on valentine's day. cnn's robyn curnow is joining us. update our viewers, robin. >> reporter: hi there. thanks for having me. can you believe it, it's only eight days ago that oscar pistorius admitted to shooting his girlfriend on valentine's day. it's been such a roller coaster ride for all of us watching this tragedy, slowly learning about all of these new details and one part of the story which is certainly not over did come to some conclusion today as os star pistorius walked out of court and is spending the night at a family home. take a look at this. a media frenzy on a road at rush hour. cameras trying to see what's behind the tinted window of the silver land rover, a glimpse of osca
. that instability sent oil prices plunging this morning. >>> and the white house stepping up u.s. involvement in syria's bloody civil war. secretary of state john kerry has promised the rebels trying to overthrow bashar al assad that support from the u.s. is coming. though he didn't elaborate further. he did persuade rebel leaders to attend a conference in rome this week. "the new york times" reports that saudi arabia is already shipping weapons to the rebels, something president obama has refused to do in the past. >>> and next time you're tempted to illegally download music or movies online, you could be in store for a rather rude awakening. beginning this week, the top internet providers will be tracking illegal downloads as part of the new copyright alert system, organized by the entertainment industry. you will get six warnings to stop. and then the real punishment kicks in. your service provider will temporarily slow your connection to a crawl. >>> have you seen first lady michelle obama's wardrobe change from the oscars? we saw mrs. obama in her sleeveless silver gown, looking lovely,
seen as active defiance cause the u.s. ordered north korea to shut down. in response to the debt nation, the security council will hold an emergency meeting today. the white house has condemned the act calling it quote highly provocative. the president said requires swift action by the international community. >> the president's day begins with that international crisis, it will end with the speech on the state of the economy and gun control. the president will deliver his 4th state of the union address. sarah joins us with a preview. >> sources say the president will layout an aggressive agenda for the year ahead. the speech may also layout battle lines and the republican led house of rupttives. tonight's speech will be heavy on the economy following up on the themes the president touched on. that means, a push for higher tax wills and more spending for infrastructure and education. especially with the looming battle over sequestration. immigration reform may also play a prominent roll. republicans say the presidencies his chance at the gop. >> his idea now, his political objective now
or get out of u.s. stocks, are they going to regret making that call at this point? >> i think those days are kind of over. we're not going to nationalize the banking system. the center will hold. this is not 1933, '34, where fdr comes in and he's worried about the left, he's worried about the right. we did have that feeling in 2008, 2009. those days of 100% cash, that's for traders, it's not for the people at home. >> not practical. >> no. >> can you imagine calling, i want to go -- all the cash right now, sell it all. >> listen, you've only missed your -- the dow at 6780 and you go 100% stock? you can do that. it's called whip saw. buy high, selling low. >> the last couple of days there was certainly a feeling in the market that we were perhaps on the cusp of this bigger pullback, and the s&p right now is still above 1,500. the dow is only 50 points or so away from the 14,000 level. >> right. >> yet again. it shows you, you need to temper all of these quick decisions that people so want to make. >> things are mixed. today i feel people say the sequester's off. look, i think it's not as
tattooing when he was a u.s. army medic in south korea back in the 1980s. >> my friend richie would get these guys to come get tattooed and we would split the money. it was a fair source of income at that time. >> he liked it so much, he decided to make a career out of it. he opened up a shop in maryland tattooing the usual dragons and cross bones. never did he dream that one day he would use his love of tattoos to solve a problem that has eluded the world's best surgeons for years. >> when i had the opportunity to do a portrait of a nipple on a lady, i did, and it changed things in the industry a little bit, i think. >> for susan mcmillon, he's also erased some of the taboo around tattoos. >> my parents always said you will never have a tattoo. do not come home with a tattoo. i then told my children over my dead body will you have a tattoo. and of course i have to laugh because i have the tattoos now. and i love it. >> anderson cooper 360 starts now. >>> erin, thanks very much. a lot happening tonight. the worst tornado some have seen in years. a pope resigns, which hasn't happened in
timothy dolan, the head of u.s. conference of bishops. he spoke to reporters before he left for rome. >> on thursday we will with him for a while. that i look forward to. that will drive him home literally, to say good-bye. then i think it will begin to sink in that what are we here for? that is going to be awesome. martha: always very plain spoken. cardinal timothy dolan expressing his enthusiasm for what lies ahead of him as he heads to rome. they will begin the meetings on monday we are told you about a spokesman for the vatican says there is no way of knowing how long they will want to meet before they set the date for the conclave to begin. so we're still a few steps to go in this whole process as we get closer. bill: my bet they will move fast but we'll see. it is their call. the conclave is the assembly of cardinals who will pick benedict's successor. 11 american cardinals among the electors in the conclave. the prime meaning from latin, any place a room that could be locked with a key we hear. the cardinals will go to the sistine chapel twice a day to vote. only cardinals und
talked to that navy s.e.a.l. in a few minutes. and the u.s. coast guard coming down to the rescue to help a cruise strip stranded in the gulf of mexico. more than 4200 passengers and crew all stuck on a carnival cruise line try ump that is getting as can you imagine a little funky, a little uncomfortable. a woman on board tells us that the toilets not working any more. a fire broke out on the ship yesterday, and was headed back to texas. that ship will be towed to the nearest port in mexico. >>> he's the leader of more than 1 billion catholics worldwide. pope benedict xvi says he no longer has the strength the job requires. he is resigning end of the month. he became the pope in 2005, he had to deal with a string of scandals, including new allegations of sexual abuse by priests, i want to bring in our senior vatican analyst and the renged and editor of catholic magazi magazine. many are saying this is historic, haven't had a pope resign in 600 years, do we think it's more to it than health and vpsing age of this one? >> reporter: hi, suzanne we had a briefing with a vatican spokesperson t
. and we have reported here, of course, on balloon accidents back here in the u.s., as well. in fact, last year alone, 15 of them. this one, just last month in san diego, the view from inside the basket as this balloon crash-lands. tonight, abc's cecilia vega with an air balloon pilot who investigated hundreds of crashes as an faa inspector. she watched the video with him today. >> reporter: have you ever seen anything like this? >> no, no. happens pretty fast and they're going to hit really hard. it would be like jumping off a ten-story building. looking at how much smoke you had and how fast it developed, it looked like a pretty intense fire. i would guess that the major injuries are occurring there before they even get to the ground. >> reporter: they have any chance? >> looking at the flames, i don't think so. >> reporter: from looking at this, can you -- do you have any sense of what caused this? >> if i were investigating this, that's the first thing i look at, the aircraft. to see if i can see fuel lines that are clearly not hooked up to the tanks, so you know that would be the culp
, why the stakes for u.s. global engagement are so high. >> today's global world, there is no longer anything foreign about foreign policy. more than ever before, the decisions that we make from the safety of our shores don't just ripple outward. they also create a current, right here, in america. >> reporter: former high-level diplomats say the eyes of the world will be on kerry and where he flies. >> first trips by an american secretary of state overseas are watched very closely. there's a lot of symbolism attached to them. people look for clues as to which region is most important to the united states. >> reporter: his predecessor, hillary clinton, headed east for her first trip. part of the obama administration's pivot to asia. kerry's trip goes to nine countries. italy, turkey, france, egypt, saudi arabia, the united arab emirates and qatar. he needs european support in the ongoing dispute over iran's nuclear ambitions. and for any next steps to help the syrian opposition. already, the opposition coalition, angry over not getting the military arms they want, is refusing to atten
in europe but the focus is the middle east where state department officials say the u.s. and europe are more strategically aligned than ever to pressure london to abandon its nuclear program and to isolate syrian president assad. kerry's efforts to broker a political transition in syria is already faltering. the syrian opposition is threatening to boycott a meeting with him this week and they've already canceled an upcoming trip to the u.s. they're under severe pressure to get more support from the international community, but the u.s. and europe refuse to provide them with military aid. secretary kerry sent his top envoy to the region yesterday to try to persuade them to meet with him in rome on thursday. >> margaret brennan, thanks. >>> this year's daytona 500 wasn't decided until the final laps, but there was trouble at the track before the premiere race. a crash sent flying debris into the stands injuring dozens. >> reporter: two of those people are still in the hospital both in stable condition. one of the things nascar fans love about this sport is the dan
contender to be the u.s. ambassador to japan. >>> you'll see how he put up a pretty good fight. >> all that. >> look out. look out. and a push! the rockets. >> if you get a good night's sleep you have better sex. >> is that a problem? >> all that matters. >> "washington post" bob woodward has been calling out the administration for days now. he also said the white house has pushed back hard in response to what he wrote. >> it was said very clearly, you will regret doing this. >>> on "cbs this morning." >> a 114-year-old woman in japan is now officially the world's oldest woman. >> this was exciting news for the world's second oldest woman, steven tie cler! >>> welcome to "cbs this morning." gayle king is off. pope benedict is resigning in just a few hours. he's stepping down with promises to obey his successor. >> the pope met once last time with the college of cardinals one of those men will be the next leader of 1.2 billion roman catholics. allen pizzey is in vatican city to begin our coverage of the pope benedict's farewell. good morning. >> reporter: good morning. by t
the u.s. navy s.e.a.l. who took him out. i'm wolf blitzer. you're in "the situation room." -- captions by vitac -- www.vitac.com >>> all that coming up, but there's also developments happening right now in southern california. frayed nerves and a cold trail, as investigators search for the fired los angeles police officer christopher dorner who's declared war on the police, now wanted in the murders of three people. we're standing by for a news conference. the prosecutor is going to be giving us new information. let's check in with cnn's miguel marquez in los angeles for an update. do police have any serious clues right now? >> reporter: it's not for lack of trying. they are trying to create those clues. they say they have 600 clues that hundreds of investigators are trying to pile through. right now, people are very nervous across the entire state. nervous students return. schools finally reopened in big bear. >> there's a bad guy on the loose and we don't want to get shot by him. >> reporter: today, it's security, along with students. >> today we feel much better. there's a lot of --
is hitting the u.s. up to 15 inches of snow fell across parts of seven upper midwest states. minnesota and the dakotas are taking the biggest punch. meanwhile, residents in the northeast continue to dig out from this weekend's massive blizzard. up to 40 inches of snow fell in hamden, connecticut. about stwoo feet of snow is on the ground in boston and new york. >>> about 20 survivors of gun violence including gabby giffords and her husband, are expected to be in the audience for tomorrow night's state of the union address by president obama. each survivor will be a guest of a member of congress. giffords survived a shooting in tucson two years ago. president obama is expected to talk about his bush for gun legislation, as well as jobs, the economy and more tomorrow night. >>> former staff sergeant clint romesha will also be a guest at the state of the union address. romesha was awarded the medal of honor for courageous actions during a nearly 13-hour firefight in afghanistan that left eight americans dead. romesha's son colin stole the show. at the ceremony, playing peekaboo at the pre
. >> reporter: many u.s. catholics are outraged because recently released court documents show mahoney helped protect accused pedophile priests from law enforcement. >> his attendance at the conclave is a slap in the face to catholics and to victims. >> reporter: in the 1980s, she was abused by a catholic school teacher. she's now an activist with s.n.a.p., survivors network of those abused by priests. >> here's a man that we now know through these documents released over the past month, for 25 years in the archdiocese of los angeles he covered up for child sexual abuse. >> reporter: newspaper columnist michael fit gerald was an altar boy in the '80s for mahoney. >> it's an issue of moral authority. they flouted the law, so he has no place voting for the church's highest spiritual authority. >> reporter: but mahoney isn't staying silent. far from it. on monday from rome he enraged his detractors by blogging this response to the controversy -- i can't recall a time such as now when people tend to be so judgemental and even self-righteous, so quick to accuse, judge and condemn. and often with s
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